Jim Cramer: Harder and Harder to Be a Bear
It's become harder and harder to be a bear as stocks reach new highs and traditional bull market signals get tripped, says Jim Cramer.
It's become harder and harder to be a bear as stocks reach new highs and traditional bull market signals get tripped, says TheStreet's (TST) - Get Report Jim Cramer. He said the bears will struggle because so many of them left in the wake of Brexit. In Cramer's view, the 'redemption Monday' after Brexit marked the final capitulation of the individual investor. The ratio of sellers to buyers was extreme on that particular day and Cramer believes it will be a market touchstone going forward. The sellers have 'simply evaporated,' according to Cramer.
